More than 90% of escrows result in successful transactions. However, it’s expensive and frustrating for those who end up in the failing 10%. Los Angeles loft specialist Corey Chambers says the key to success with escrow it to use the assurance of a property inspection to build confidence before committing to escrow.
See the details in this guide to not screwing up!
Buyers can be more successful in closing by making a firm decision BEFORE going into escrow, and before the general home inspection. The inspection is recommended for valuable discovery and legal protections. Buyers should not rely on an inspection as the primary determination method. In California, it’s relatively easy for buyers to cancel, and more difficult for sellers to cancel the escrow. Failure is expensive and frustrating for both. Buyers and sellers should double-check to ensure that the buyer is already 100% committed to the purchase before escrow opens and before the inspection. | 11 HOME INSPECTION TRAPS TO AVOID
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Copyright © This free information is provided courtesy of L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker. EAC22062902KT
